$650,000 FOR SALE

Land

Lot: 46.25 x 95.67 ft

362 Marguerite Avenue
Ottawa, ON K1L 7W3 | Vanier

*PRIME DEVELOPMENT OPPORTUNITY* Vacant lot situated in the desirable River Road neighbourhood, encompassing over 4300 square feet. This prime address sits in a rapidly evolving urban paradise, mere steps from Rivierain Park along the picturesque Rideau River. Enjoy easy access to scenic paths and the Adawe Crossing Bridge (to Sandy Hill), with shops and restaurants within walking distance. The lot's Traditional Mainstreet (TM) zoning opens doors to a plethora of possibilities, accommodating a wide range of commercial and multi-family developments. Its strategic location places it amidst a wave of new planned projects, marking it as a hub for future growth. The real allure lies in the land's potential, especially when combined with the adjacent lot at 42 McArthur Ave, offering an expanded canvas for a significant urban development totaling over 8800 sf. This property is an ideal choice for a transformative project in a dynamic part of the city. (id:47423)

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Listed By RE/MAX HALLMARK REALTY GROUP
Data Provided By Ottawa Real Estate Board
MLS® Listing Number 1392998
Last Updated May 21, 2024
Property Summary
Property Type Land

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Neighbourhood Vanier
Price History
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Detailed Information
Lot 46.25 x 95.67 ft
Listing Contract Date 2024-05-21
Municipal ID 042490048
Ownership Type Freehold
Property Type Vacant Land
Transaction Type For sale
Zoning Description TM
Building
Land
Total Size 0.1 acres
Access Type Road access
Size of Irregular Land 0.1

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